Opportunity to furnish unsecured-loan confirmations is required before reassessment initiation; proceedings require fresh consideration after taxpayer...
Under-reporting on a first reassessment return attracts penalty, while enhanced misreporting penalty requires proof of a statutory misreporting catego...
Cash deposited post demonetization period - AO making the addition of 30% of the cash deposited in the bank during post demonetization period - addition made by the AO as the appellant assessee had failed to prove the source of cash deposit in the bank account during the post-demonetization period - additions confirmed - AT
Cash deposited post demonetization period - AO making the addition of 30% of the cash deposited in the bank during post demonetization period - addition made by the AO as the appellant assessee had failed to prove the source of cash deposit in the bank account during the post-demonetization period - additions confirmed - AT
Note: It is a system-generated summary and is for quick reference only.